Home Business Ideas and Opportunities

While Making Money Can Be a Hobby, It Isn’t a Game

If you work at a demanding full-time job and have a gnarly commute to boot, you probably are not real enthused about spending more time working to start a home business so you can be making money on the side. However this is the very thing you should be doing. It may help to look at it as a hobby – one that you are interested in and find to be a fun project that you look forward to.

@ super business man

The motivation doesn’t even have to be making money – you can imagine not having that grizzly commute and just working from home someday, kicked back with your feet up, enjoying the journey as much as the thought of the eventual destination. The point is this could be critical someday, so find a reason to love it and pour whatever is left of yourself by the time you get home into it.

We can never know what is around the corner. Whether it is going to be something that helps or something that hinders. Therefore we need to be prepared, and making the most money now, while you still can, is a wise decision. There is a whole laundry list of possible disasters of varying magnitudes that could befall you and your family. If you had some money saved and/or an alternate way to support yourself well-established, landing on your feet would be a lot more sure.

So many things that we may have grown up being accustomed to are either gone or in a precarious state. You just never know what will happen to the company you are depending on to pay you a pension. Their investments can tank just like your own. There is no longer the concept of ‘too big to fall’. We have seen the biggest corporations fall to their knees and it can happen to individuals as well, as a result.

We saw what happened to millions of people in the last ‘recession’ where people lost their money on the stock market and even lost their homes that they worked all their lives to buy. We saw people who were reaching retirement age realize they had insufficient retirement funds and instead of planning a trip to Cabo they find themselves looking for part-time jobs for senior citizens. It’s just tragic. It’s heartbreaking to imagine looking forward all your life every day to something that is only a mirage, built with ‘funny money’.

What is the risk for you to invest your spare time in starting a home business to start making money so that you can feel a little more secure? For one thing, if nothing catastrophic happens where you need the money, you may be pleasantly surprised when you see you actually have enough money saved to buy something you really want but felt you couldn’t afford, like a new car or to take a vacation now while you still can.

The bottom line is it isn’t a game – if you are going to start a home business you need to take it seriously. Your home is a ‘kicked back’ environment, and lots more relaxed than the hostile corporate or retail work environment; however this could mean that you have to even more so be really determined and focused – absolutely committed, so that you will stay motivated to take care of business.

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Starting a New Online Business Opportunity & Keeping It Real

There is a lot of excitement when you are shopping for online business opportunities. It is not unlike the rush that shoppers get when they buy things! However there is just an additional rush of adrenaline or something when we believe we are on our way to success. Sometimes we just want to keep repeating that sensation so we keep on joining more and more programs, signing up for more information, and buying more and more gadgets.

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To add to the excitement, there is the fact that we may have signed up for recurring payments and we don’t want to waste a single second because the clock is always ticking. So then on top of everything else, we get in a big rush. Unfortunately that recurring payment becomes our main focus. It shouldn’t. We need to understand where we are. We are investing in our own potential success. It’s just ‘the cost of doing business’.

There is a snarky remark with regard to this, and that is that if we are afraid to invest even a small amount of money in our own business, then what we actually need is another job, not to have a business. The same concept rings true for having to work without being paid when we are creating and developing our own business. If it is a deal breaker to you to get paid for every minute you spend working, then again, you need a job, not your own business.

So with that said, the focus should be on learning and getting your bearings by first doing your due diligence; then finding out what you have to do, and learning how to do it. Then we can get started to take action with everything we have going for us so far. Needless to say this is a very bad time to rush anything. Maybe even in retrospect if we did our planning, including budgeting, scheduling, taking stock, then maybe we could relax more after the deed has been done (the first membership payment).

Some of the most important information you need to get, digest and keep is with regard to the compensation plan and what is actually involved. What are the conditions where you can earn money? Do they have a refund policy? What is it exactly? It is a rude awakening and one that sometimes can be the death knell to a business idea if you suddenly learn the truth and it is nowhere near what you had imagined or misconstrued about what was being said in this regard.

This refers to the commissions you can earn. You need to also understand any protocols as far as your upline and downline and how they all work hand in hand. In other words for example are there ‘pass ups’? This is where your upline (sponsors) would get the commission for your sale – maybe the first one, maybe the third one, maybe both (and when you are upline you will do the same). It may be that there is a complex organizational structure you need to understand.

You really need to analyze this to clearly determine whether you can accept the terms. In most cases there are legitimate reasons why the company may have different rules and regulations. You should make every attempt to understand them and to also be real about all that you can expect to receive from the company. In most cases you will find that they are indeed justified and you are getting something that is definitely worth it. If you don’t agree then you should be free to change your mind at any point (no contracts); but keep in mind that if their policy is ’30-day refund’ that it is perfectly ethical for them to refuse to refund your money on day 31.

This is most apparent if you imagine that you are doing everything yourself from scratch. You will usually find that you would need to invest way, way more money into your business without the programs and the resources they are willing to share with you. Even if at the end of the day you decide for some reason not to do that particular program, what you have learned, whether positive or negative is part of your growth and experience. You shouldn’t begrudge them whatever small amount of money you may have paid.

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Home Business Start-Up – Building Trust

They say there ‘is no fear except fear itself’. People may have a fear of the unknown to begin with and likely are skeptical if not suspicious when they are in unfamiliar territory. In the case of a home business start-up, there are lots of areas that could become ‘deal breakers’. That is why it is doubly more important than ever that you are perceived as being honest and reliable to your prospects and customers.

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It is a good idea if you focus on the areas where it may seem small or inconsequential but it actually is not, as far as building trust. You should always keep your word even if it doesn’t seem important; for example understand that there is a difference between 9:00am and 9:30am. If you set up an appointment online or otherwise, you need to be there on time. Stuff happens? Then just be sure to call BEFORE you are late to say that you have been delayed and will be there ASAP. Really make an effort to be there on time or as close as you can. It is actually very rude and disrespectful to keep someone waiting. Might as well start off your relationships on the right foot so that you build trust instead of disgust.

This being honest thing extends to your advertising and marketing techniques as well. Say what you mean and mean what you say. If you stick to that rule you shouldn’t run into any problems with being perceived as trustworthy and reliable. An example here might be even something like saying a deal will end at 12:00am on Tuesday. A time deadline may be an effective ploy to get people to take action (the fear of missing out). However if they go to the site at 1:00am and it is still there, or a week from now, you have been caught in a lie. To someone you hope to do business with, they could feel you are less than genuine and that is not a good way to build a relationship of trust.

You can bend this just a little bit and still appear honest – for example at 12:00am post something to the effect that the time has been extended due to the huge response or slow response, and give the next deadline. The point is just don’t leave it there because there are too many people just looking for a reason to walk away and pronounce everything a scam. You are still saying what you mean and meaning what you say, it’s just bent a little. The perception is what counts and you are still attempting to be honest with them. Of course you want to change the deadline few and far between times – so maybe give it a broad range like a week rather than a specific hour.

Sometimes you ‘don’t get a second chance to make a first impression’. It is really shocking how skeptical people can turn the most innocent thing into a ‘scam’ — You don’t have phone support, therefore this means you must be part of a scam; maybe your customer service is a little slow in responding, therefore you must be a scammer. Even something that you said or printed that was misconstrued by them, you guessed it, that means you must be a scammer; how about they expected something from you, but that is not your policy or protocol and you try politely to explain that, but to no avail, this makes you a crook since you are not doing business on their terms. Nothing much can be done about people like this, but do what you can to ‘take the high road’.

For normal home business start-up relationships once you establish yourself as someone who is friendly, open and reasonably honest, then you can begin to build trust which can mean everything to your new business’ bottom-line, including repeat business from loyal customers and peers. Building trust is what you want to strive for in developing your home business. Even if what you are selling is one-time-only, there is still much credence given to those word-of-mouth recommendations, so you want to build your reputation in the right direction!

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Home Business Ideas and Opportunities

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